Richard Anderson has retired as executive chairman of Delta Air Lines’ board of directors, departing from the Atlanta-based airline on which he left an indelible mark over the last nine years.
New Omani low-cost carrier (LCC) SalamAir will begin its operational life with Airbus A320s, rather than the previously mooted Boeing 737s, the airline said Oct. 11.
Turboprop manufacturer ATR CEO Patrick de Castelbajac has confirmed he is leaving and will be succeeded by senior Airbus Group executive Christian Scherer.
Worldwide air passenger traffic increased 4.6% year-over-year (YOY) in August, a slowdown from July’s revised 6.9% YOY growth pace, according to IATA’s August Air Passenger Market Analysis.
Spanish low-cost carrier (LCC) Vueling, which is owned by International Airlines Group (IAG), has closed three aircraft bases and is rolling out a new restructuring strategy, “Vueling NEXT,” which also includes a new management structure.
Juneyao Airlines and Star Alliance have formally sealed a strategic partnership, which will see the Shanghai-based carrier become a connecting partner in 2017.
The global air freight market increased 3.9% year-over-year (YOY) in August, down slightly from July’s revised 4% growth, illustrating the “stiff headwind” air freight continues to encounter amidst “the ongoing sluggishness of global trade conditions,” according to IATA’s August Air Freight Market Analysis.
Stamford, Connecticut-based commercial aircraft lessor Intrepid Aviation has revised a firm purchase commitment with Boeing for six 777-300ERs, canceling two of the 777-300ERs in favor of two new 747-8F freighters.
Irish lessor Avolon has agreed to acquire US company CIT Group’s leasing business for $10 billion, creating the world’s third largest lessor with a fleet of 910 aircraft worth over $43 billion.
UK low-cost carrier (LCC) easyJet is forecasting a £490-£495 million ($624-$630 million) full-year pre-tax profit, 29% down from £686 million in the prior year, after being “disproportionately affected” by major external shock events and disruption.
Abu Dhabi-based Etihad Aviation Group and German holiday giant TUI are in discussions to create a European leisure airline group, which is expected to operate 58 aircraft on point-to-point services to key tourist markets.
New York-based investment firm Guggenheim Partners has sold its commercial aircraft leasing unit Guggenheim Aviation Partners (GAP) to GAP’s Seattle, Washington-based management team.
Santiago, Chile-based LATAM Airlines Group received the first of nine new Airbus A350-900 XWB aircraft Sept. 30 at the Airbus Delivery Center in Toulouse, France.
British Airways (BA) is to introduce short-haul economy buy-onboard meals, sourced from UK retailer Marks & Spencer, in a move that mirrors the low-cost carrier (LCC) model.
The Association of Asia Pacific Airlines (AAPA) reported 25.9 million international passengers in August, up 4.1% year-over-year (YOY), but down from 26.2 million in July.
